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Udalguri, known for its tea gardens and agricultural activities, is a growing business centre in Assam. Entrepreneurs here require steady financial support to expand operations, upgrade equipment, or manage working capital. A Business Loan in Udalguri from Shriram Finance can be the right solution to meet these needs. We offer loans with minimal paperwork, quick approvals, and flexible repayment tenures, ensuring businesses get timely access to funds. Whether you need Rs.1 lakh* or more, our hassle-free process makes borrowing convenient. Take the next step towards business growth with the right financial support. Learn how a Business Loan in Udalguri can help you succeed!
Shriram Finance offers a wide range of secured and unsecured business loans for your business needs in Udalguri. These include:
If you require financial aid to expand and grow your business, Shriram Finance is an ideal choice for availing of a hassle-free business loan. Some of the benefits are:
For further details on interest rates and applicable fees/charges on business loan offered by Shriram Finance, refer to the details below.
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Customised interest rates starting from 10%* p.a. |
| Processing Fees | Up to 5%* |
| Late Payment Fees | 36%* p.a on the Overdue Amount |
| Foreclosure Charges | Up to 4%* |
STEP 01
Required loan amount
STEP 02
Interest rate
Min 10%
Max 30%
STEP 03
Min 12 months
Max 84 months
Loan Summary
Loan
Loan Amount
âı 1,00,000
Interest Payable
âı 39,450
Monthly EMI
âı 1,660
Eligibility and Documentation Criteria for Business Loans in Udalguri
Applying for Shriram Business Loan is a 5-step process:
Shriram Finance offers unsecured business loans from Rs.1 lakh* without collateral. Benefit from flexible tenures, attractive rates, and a hassle-free online application. Loans are subject to eligibility criteria, including a minimum of 3 years in business, and may vary by location.
Key locations of Shriram Finance in Udalguri include:
Shriram Finance offers dedicated customer care services. Reach out today!
To check the status of your personal loan application, visit our website and enter your application reference number. Choose Shriram Finance, for a smooth borrowing experience.
Who is eligible for a business loan in Udalguri?
Partnership firms, Proprietorship firms, Pvt Ltd companies, Public Ltd companies, and LLPs are eligible to apply for a business loan. The applicant should be between 21 years to 65 years old (with age at loan maturity not exceeding 65 years). Self-employed individuals, business owners, or proprietors with a minimum of 3 years of business experience are also eligible.
What is the interest rate on a business loan in Udalguri?
The interest rate for Shriram Business Loan starts from 10%* p.a. For detailed information on interest rates and applicable fees/charges, please refer to their interest rate and charges section above.
How much loan can I get for my business in Udalguri?
Shriram Finance provides business loans starting from Rs.1 lakh*. The maximum loan amount depends on your business's needs and eligibility
Can I apply for a business loan in Udalguri?
Applying for a business loan with Shriram Finance is very easy. You can apply online or visit a branch.
What is the maximum loan tenure for a business loan in Udalguri?
You can choose a loan tenure from 12 to 48 months for unsecured business loans and 12 â 84 months for secured business loans.
What is the processing time for a business loan in Udalguri?
The loan approval time is fast. This is dependent on the credibility of the information furnished, fulfilment of the eligibility criteria, and submission of relevant documents.
What is the eligibility for a startup business loan in Udalguri?
For a startup business loan in Udalguri from Shriram Finance, the eligibility criteria are generally the same as for a regular business loan.
What is the minimum interest rate for a business loan in Udalguri?
The minimum interest rate starts from 10%* p.a.
The information provided in this guide is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions related to fixed deposits or any other financial products.